Common use of Good Title Conveyed Clause in Contracts

Good Title Conveyed. The stock certificates, stock powers, endorsements, assignments, and other instruments being executed and delivered by the Selling Stockholder to the Purchaser at the Closing will be valid and binding obligations of the Selling Stockholder, enforceable in accordance with their respective terms, and will effectively vest in the Purchaser good, valid and marketable title to all the Shares pursuant to and as contemplated by this Agreement free and clear of all Encumbrances, except restrictions on transfer imposed by the Securities Act of 1933, as amended (the "Securities Act"), and state securities laws.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Trident Rowan Group Inc), Stock Purchase Agreement (Centerpoint Corp), Stock Purchase Agreement (Moto Guzzi Corp /De/)

Good Title Conveyed. The stock certificates, stock powers, endorsements, assignments, assignments and other instruments being executed and delivered by the Purchaser to the Selling Stockholder to the Purchaser at the Closing will be valid and binding obligations of the Selling StockholderPurchaser, enforceable in accordance with their respective terms, and will effectively vest in the Purchaser Selling Stockholder good, valid and marketable title to all the Shares Consideration to be transferred to the Selling Stockholder pursuant to and as contemplated by this Agreement free and clear of all Encumbrances, except restrictions on transfer imposed by the Securities Act of 1933, as amended (the "Securities Act"), and state securities laws.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Trident Rowan Group Inc), Stock Purchase Agreement (Centerpoint Corp), Stock Purchase Agreement (Moto Guzzi Corp /De/)

Good Title Conveyed. The stock certificates, stock powers, endorsements, assignments, assignments and other instruments being to be executed and delivered by the Selling Stockholder Shareholder to the Purchaser at the Closing will be valid and binding obligations of the Selling StockholderShareholder, enforceable in accordance with their respective terms, and will effectively vest in the Purchaser good, valid and marketable title to all the Shares to be transferred to Purchaser pursuant to and as contemplated by this Agreement free and clear of all Encumbrances, except restrictions on transfer imposed by the Securities Act of 1933, as amended (the "Securities Act"), and state securities laws.

Appears in 1 contract

Sources: Stock Purchase Agreement (American United Global Inc)